Boliden’s Ronnskar smelter declares force majeure on copper deliveries after fire

The group plans to pay 1.8 billion yuan ($269 million) for a 71% stake in a company mining for lithium in Hunan province.

The London Metal Exchange Index has tumbled 23% since the end of March.

"We still see metals falling as a recession in the US is fully priced in," said Commerzbank analyst.

UBC Mineral Deposit Research Unit awarded $2 million from the Natural Sciences and Engineering Research Council of Canada.

After emerging victorious from the “fierce battle” with BHP and closing the acquisition of Noront in April, Wyloo is wasting no time. 

The LMSL property is located in British Columbia's primary copper and gold producing belt.

KSM is considered to be one of the largest undeveloped gold projects in the world measured by reserves.

Over the 27-year project life, annual production would reach 163 million lb. copper, 211,000 oz. gold, 1.28 million oz. silver and 15.1 million lb. molybdenum.

Investors are repositioning themselves in copper, with the last few remaining bulls retreating, writes Andy Home.